Fort Worth Property Management

What Does a Property Management Company Do?

Property Management Companies are like financial advisors for your real estate investment.  Much like a financial advisor, Property Management Companies take on the oversite of your property investment, ensuring that it is well-care for, profitable, and performing at its best.  Additionally, Property Management Companies advise their clients about any changes or improvements that could increase the property’s value and ROI. 

There are many reasons property owners hire Property Management Companies to oversee their investment.  Some don’t have the experience to manage the property or deal with tenants.  Other’s simply don’t have the time, and some may not even live in the area making it more difficult to deal with maintenance, repairs, and rent collection. 

Many Property Management Companies offer similar services, but not all Property Management Companies are the right fit for you.  Some Property Management companies specialize in a particular type of property.  And some may offer services better suited to experienced property investors instead of those who are venturing into the world of property management for the first time.  

In general, property management companies:

• Have the expertise necessary to ensure you adhere to local, state and federal landlord/tenant laws
• Know how to market a property and fill vacancies quickly and efficiently
• Have access to the tools necessary to accurate screen applications
• Ensure all paperwork is correctly filled out and signed to avoid any potential legal issues
• Collect rent, security deposits, fees, and deal with any delinquencies
• Provide month and year-end financial reports 
• Ensure all maintenance and repairs are handled cost-effectively and on time
• Manage expenses to increase your ROI
• Oversee and deal with any arising legal issues, such as evictions

The Fort Worth Area

Fort Worth is the 5th largest city in the state of Texas. The city is known for its hospitality, home-town neighborhoods, and vibrant and rich culture.  In addition to being one of the fastest-growing cities in the country, Fort Worth enjoys a high rate of employment opportunities and income.   

Location

Fort Worth is located approximately 30 miles from Downtown Dallas.  One of the anchors of the mid-cities region, Fort Worth is conveniently located to several suburban areas including Arlington, Irving and Grand Prairie.

Arts & Entertainment

Fort Worth calls itself the “City of Cowboys and Culture.” In addition to hosting the Van Cliburn International Piano Competition, there are several world-class museums.  The Kimbell Art Museum is considered to have one of the best collections of art in Texas.  Also of note is the Modern Art Museum of Fort Worth, Amon Carter Museum of American Art, the Fort Worth Museum of Science and History, and The Sid Richardson Museum.  Many of the museums themselves are works of art, having been designed by internationally well known contemporary architects. 

Fort Worth enjoys a vibrate performing arts scene with community theatre and music venues located throughout the area. 

Fort Worth is home to the Fort Worth Zoo, which features over 5,000 animals and has been named as one of the nation’s top zoos.  The Fort Worth Botanic Garden and Botanical Research Institute of Texas are also located in the city. 

For those who love the outdoors,  Fort Worth has over 260 parks to explore totaling approximately 11,700 acres. Additionally, the Fort Worth Nature Center and Refuge, located in northwest Fort Worth, is a 3,600+ acre preserved natural area designated by the Department of the Interior as a National Natural Landmark.

Professional Sports

Located 20 minutes from Fort Worth, Arlington Texas is home to the Major League Baseball Team, Texas Rangers, and the National Football Leagues world-famous Dallas Cowboys.

Fort Worth is also home to Texas Motor Speedway, known as “The Great American Speedway,” which hosts multiple NASCAR and IndyCar races throughout the year. 

Fort Worth was home to world-famous golfer, Ben Hogan, who founded Colonial Country Club, which subsequently hosts one of the PGA TOUR’s largest annual events, The Colonial Invitational. 

Major Employers

Many international corporations call Fort Worth home, including:

• Bell Helicopter
• Lockheed Martin
• American Airlines
• BNSF Railway
• AT&T
• Bank of America

Universities

There are several public and private institutes of higher education located in the Fort Worth area.  Texas Christian University (TCU) is perhaps the best known, competing in Division I NCAA collegiate sports.  The University of Texas at Arlington also has several buildings in Fort Worth as part of it’s the larger university system.   Additionally, the School of Law at Texas A&M is also located in Fort Worth.

Shopping

If you like shopping, you won’t be disappointed!  Fort Worth is home to several major retailers, such as Dickies and Justin Boots.  Not surprisingly, Fort Worth is known for its fashionable western style.  From one-of-a-kind boutiques, shops featuring locally made items, and upscale outdoor shopping centers to major shopping malls, Fort Worth truly has something for every shopaholic.